Visa, a leading figure in the payment technologies space, has been closely observing advancements in blockchain scalability, particularly with recent innovations in Ethereum's "Layer 2" networks and new ecosystems like Solana. The former recently announced a partnership with Solana to expand its stablecoin capabilities.

In a recently published thought leadership article, Visa Crypto, the financial technology firm's crypto and blockchain division, acknowledge that the Solana blockchain's current performance and capabilities are worth exploring, especially in the context of large-scale transaction volumes.

The research conducted by Visa Crypto's Arjuna Wijeyekoon (VP of Fintech) and Mustafa Bedawala (Research & Product Manager) highlights notable aspects of the Solana blockchain, …